AGP Executive Report
Last update: 6 hours agoPrivate Credit Watch: New RBA FOI material paints a tougher picture for Australia’s private credit market, with default rates rising and banks’ exposure to private credit funds potentially far larger than previously flagged. AI Copyright & Data Centres: Australia’s AI copyright fight is now tied to a datacentre boom, as Labor weighs a possible “text and data mining” carve-out that would let AI train on copyrighted works—sparking fresh creator backlash. Markets & FX: The Aussie dollar held around US$0.695 as renewed US-Iran tensions lifted oil and pressured sentiment, while the yen slid on pension allocation doubts. Superannuation Costs: ASFA’s latest retirement benchmarks show higher “comfortable” retirement costs and record-high lump sums, driven by faster-rising health, energy and council rates plus higher deeming rates. Tech & Online Safety: eSafety says major platforms have “significant gaps” in tackling sextortion and child sexual exploitation, with complaints rising sharply. Payments & Fintech: ACE Money Transfer and Visa expand collaboration to support faster account-funded transfers, while Australia-Canada-India sign ACITI to boost AI, semiconductors and cybersecurity cooperation. Health & Bio: H5 bird flu is confirmed in a seabird at Robe, and Immutep reports positive mature survival data from its INSIGHT-003 lung cancer trial.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.